In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada.

The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York.

Details of the New Rates

In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. The new rules approved by the New York PSC aims to protect existing electricity customers while at the same time encouraging miners from setting up shop in the area. Read more...

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.”

CNBC’s cousin, CNBC Africa, has produced its own cryptocurrency segment, with its host appearing on CNBC’s Fast Money yesterday to discuss his opinions on the top four cryptocurrencies.

Cryptocurrencies are a worldwide phenomenon, with people from America to Zimbabwe getting involved in one of the world’s fastest-growing industries. Africa has long proven itself to be a popular place for cryptocurrency growth and adoption, with many African consumers adopting cryptocurrencies in their daily lives. Read more...

Thomson Reuters is launching a cryptocurrency real-time rates data feed. The new service is expected to provide “reliable, real-time information” for six digital coins across major crypto exchanges. The stated goal is to encourage efficiency and transparency for cryptocurrency investors within the global market place.

Six Cryptocurrencies Will Be Tracked

The new Cryptocurrency Real Time Rates are already accessible through a customized API interface on Thomson Reuters Eikon platform. The application is providing trading data from various crypto exchanges including Bitflyer and Bitpoint. More trading platforms will be added in the future, according to a Reuters report. Read more...